Chandivali, Mumbai

Overview

Chandivali, popularly known as Chandanwadi Cross Lane, is one of the fastest growing locality in Mumbai which offers high-end mixed-use developments. Strategically located between Saki Naka and Powai Lake, it is also surrounded by other well established localities such as Andheri and Vikhroli East, which is an added advantage. The real estate market in this locality has seeing an upward trend in the last couple of years because of its close proximity to IT hubs of Powai, Bandra Kurla Complex (BKC) and Chattarpati Shivaji International Airport.  

Connectivity

Efficient and well-established public and private transport facilities.

The locality shares close proximity to Eastern Expressway, which shares direct connectivity to Thane and the southern part of Mumbai city.

Close proximity to Saki Naka metro station (approx. 2.5kms) and Ghatkopar Railway Station (approx. 3 kms)

Excellent connectivity to Chattarpati Shivaji International Airport (approx. 5.2kms)

Easy accessibility and connectivity to Bandra Kurla Complex via Andheri Kurla road. (approx. 7kms).

Factors of Growth

IT/ITeS and the commercial hub of Powai is one of the biggest demand drivers for this location. Powai has emerged as the Silicon Valley and the start-up hub of Mumbai, which attracts high rental demand in the vicinity.

Key commercial offices and IT parks in and around Chandivali are L&T Business Park, Hiranandani Business Park, Godrej IT Park, Universal Business Park and Mirchandani Business Park, among others.

Chandivali shares close proximity to the IT and commercial hubs of Andheri East and direct accessibility and connectivity to BKC via Andheri Kurla road.

Ghatkopar-Versova-Andheri (GAV) Corridor, fully elevated metro comprising of 12 stations from Ghatkopar to Versova, connects the eastern and western suburbs of Mumbai. The metro connectivity has reduced travel time from 90 mins to nearly 21 mins, and also boosts the residential demand within its vicinity.

Additionally, property prices in this locality are relatively much cheaper than the commercial hubs situated nearby. Hence, the area is in high demand by professionals working in the commercial hubs.

Infrastructure Development – Social & Physical

Surrounded by the hillocks in Powai and Powai Lake, the locality has a calm and peaceful environment. Due to its close proximity to the IT hubs of Powai and major suburbs of Mumbai, the locality always attracts high rental demand. Besides residential developments, Chandivali also has a thriving commercial market. The locality boasts of having decent number of supermarkets, numerous educational institutions, banks, and hospitals.

Prominent Institutions/School – The Indian Institute of Technology, Mumbai (IIT-B), National Institute of Industrial Engineering (NITIE), Bombay Scottish School, Pawar Public School and Kids Korner International Pre-School are some of the prominent institution/school in and around the vicinity.

Prominent Hospitals in and around this area include Nahar Medical Center, Care & Care Maternity & Nursing Home, Paramount General Hospital and ICCU, Sant Muktabai General Hospital, among others.

Major Challenges

Due to its high residential demand because of modern urbanization and rapid development in a short span of time, it has started becoming polluted and congested.

The locality also lacks availability of bright street lights.